Nestled on a prime 910sqm of land in the coveted Holmwood Park, this vacant residential property at 3 Holmwood Park Drive, Morrinsville, Matamata, offers a rare opportunity. It boasts a freehold title, providing the new owner with full control and autonomy. While the specifics of the wall and roof construction remain unknown, the level contour of the property hints at a promising building prospect. This is a golden chance to make your mark in a quiet cul-de-sac, with potential for growth and development.
With a government capital value (CV) that has surged by 58.33% from $240,000 in 2018 to $380,000 in 2021, and a HouGarden AVM of $372,500, the value of this property is on the rise. The latest sale history, with a transaction of $325,000 in 2024 and $110,000 in 2012, further testifies to its increasing worth. This is an investment that promises a high return, not to be missed.
For families with children, the property falls within the zone of several reputable schools. Morrinsville College, a secondary school with a decile rating of 6, Morrinsville Intermediate School with a decile rating of 5, and Morrinsville School, a contributing primary school with a decile rating of 3, are all within easy reach. This address offers a sound investment in education as well as real estate.
Updated on August 01, 2024